SaaS

abbreviation

Computers.

1. software as a service: a software distribution method in which a service provider gives customers access through the internet to applications, usually ones developed and owned by the provider.

   You can use a cloud-computing service such as SaaS.

Word History and Origins

Origin of SaaS¹

First recorded in 2000–05

Example Sentences

This was called software as a service, or SaaS.

Read more on Barron's

By then, SaaS pioneer Salesforce, which first focused on web-based software for sales teams, had been around for a decade.

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And he persuaded former Oracle executive Evan Goldberg to found NetSuite, a SaaS company that started off with web-based accounting software, which Ellison also invested in.

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Joe Saas, senior vice president for balance sheet risk at financial services conglomerate FIS, said the proposal's shift from a standard risk charge to a range of risk levels to be allocated to different assets for rental-backed real estate lending would likely be "circled for push-backs."

Read more on Reuters

More than half of IT professionals polled by cloud software maker Freshworks Inc. say they pay for SaaS stuff that their IT teams never even use.

Read more on Seattle Times